In the wake of red-hot real estate markets, growing household debt, and concern around foreign buyers, the Federal Government is taking a proactive approach to address the issues and protect the nation’s housing industry. On October 3, Finance Minister Bill Morneau announced three new measures aimed to ensure the Canadian housing market remains stable. These […]

Just two months after the BC Government applied a 15 per cent tax to foreign buyers of property in the city, home sales in Metro Vancouver have dropped by one-third. The Real Estate Board of Metro Vancouver released their September statistics, showing plunging sales by 32.6 per cent compared to this time last year. The […]

Before you start saving to buy a home, it’s important to know how mortgage down payments work. By planning early, you’ll be in the best position when it comes time to purchasing your dream home. Here are the basics. A mortgage down payment is the amount of upfront, liquid money you’ll need when buying your […]